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Exhibit 4.2
[XXXXXXX'X LETTERHEAD]
January 12, 1995
Xx. Xxxxxxx Xxxxxxxxxx
National Record Mart, Inc.
000 Xxxxxx Xxxxxx
Xxxxxxxxxx, XX 00000
Dear Xxxx,
Reference is made to the Loan and Security Agreement (the "Loan Agreement")
dated June 11, 1993, by and between National Record Mart, Inc. ("the Borrower"),
and Barclays Business Credit, Inc. ("the Lender"), together with all documents,
instruments, mortgages and letters executed pursuant thereto (collectively the
"Financing Agreements"). All capitalized terms used herein without definition
shall have the meanings ascribed to such terms in the Loan Agreement unless
indicated otherwise.
Section 9.2(F) ADVERSE TRANSACTIONS, section 10.2(C) OTHER CONDITIONS, and
section 11.1(H) ADVERSE CHANGES of the Loan and Security Agreement are hereby
deleted.
Please indicate your agreement with the above by signing one of the enclosed
originals and returning it to the Lender's attention via express mail. This
agreement shall not be binding on the Lender until such time as a fully executed
original of this letter is received by the Lender.
Sincerely,
/s/ Xxxxxxx X. Xxxxxxx
Concur:
National Record Mart, Inc.
By: /s/ Xxxxxxx Xxxxxxx
----------------------------
Senior Vice President/CFO
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